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Topic: Your recent altcoin investment and why? - page 7. (Read 1271 times)

hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
FUN token due to the staking program and premium benefits offered at freebitco.in for holders. That is one of the most useful altcoins I've spotted because they offer practical benefits to adopters, are integrated to a reputable platform which is working since 2013 and have also an impact over bitcoin investment (boosting the interest rates received over bitcoin).

I've also gone into CRO token recently in order to acquire an upgraded version of crypto.com's debit card, although I can't give any reviews about it yet.
member
Activity: 546
Merit: 78
I recently invested in $BRISE because I had a few dollars, about 10, so destroy those dollars in future trade it was better to invest in a coin so I buy a $BRISE token.
copper member
Activity: 109
Merit: 0

A lot depends how useful the project and what technology it brings. During the fall of the market it is the best time to buy tokens of new projects but it is necessary to evaluate the project to understand its potential. Now a lot of DeFi projects appear like this https://twitter.com/LollipopBsc/status/1537731681779453952

There are too many altcoins and not all of them are useful for people.
That is why it is important to carefully study the technology that project offer to evaluate its future potential.

Now a lot of new projects appear and it is possible to buy their tokens for the best price because of the fall of the market.
That is why it is necessary to continue to monitor the market and not stop investing.
But to do this it is necessary to have experience to evaluate the potential of the coins.
copper member
Activity: 117
Merit: 0

A lot depends how useful the project and what technology it brings. During the fall of the market it is the best time to buy tokens of new projects but it is necessary to evaluate the project to understand its potential. Now a lot of DeFi projects appear like this https://twitter.com/LollipopBsc/status/1537731681779453952

There are too many altcoins and not all of them are useful for people.
That is why it is important to carefully study the technology that project offer to evaluate its future potential.
full member
Activity: 1708
Merit: 126
Since we're on the crashing period, I have chosen coins that could resist the bear market and those are ETH, BNB, and of course, BTC. We need coins we strong resistance this season and I find it risky investing in new projects because there's still no assurance that they could survive the bearish season.
jr. member
Activity: 840
Merit: 6
I don't know that anyone is getting much profit in this bear market but that's not the point. You should be accumulating blue chip projects right now, like 0xMR, DRC, ICP, and IOTA.
sr. member
Activity: 854
Merit: 364
I ❤️Bitcoin
We all know that it's a time of bear cycle where most of alts coins and Bitcoin are in high dip. So that the reason I bought some alts in dip from 10% of my portfolio. Because I know that the market will crash more in upcoming days so I will bought some more also. For now I bought small part of Ethereum and Binance Coin because they are the game changer coin which will really help me in future to earn some handsome profit
copper member
Activity: 34
Merit: 0
Which token did you buy so that you felt the high risk was BNB?
When the market situation is like this no matter what we try it will still be difficult for us to get the profit, even if it is in a small amount but it will still go awry.
We also hesitate to buy, let alone to sell, of course we will feel a loss not a profit but even a dead end.
We don't need to doubt if you still hold BNB, I also have some BNB in my wallet but I won't panic if the current market continues to decline, BNB coin is very potential to recover when the market is green, unless you hold shitcoin then hope your assets can recover recover when the market is bullish.

A lot depends how useful the project and what technology it brings. During the fall of the market it is the best time to buy tokens of new projects but it is necessary to evaluate the project to understand its potential. Now a lot of DeFi projects appear like this https://twitter.com/LollipopBsc/status/1537731681779453952
legendary
Activity: 2548
Merit: 1009
Leading Crypto Sports Betting & Casino Platform
Guys, let us know your choices. Name the currencies you bought recently. Let me know that who is getting profit these days  Wink



there is always a chance between bloody markets, but I think the red trend will continue and this is not the lowest point.  so it is not wise if you invest for now and it will be very difficult to make a profit especially there are many shitcoins that will not reach their highest point of return.  and if i had to choose i would just wait for eth yes only eth which i think is quite good in long term investment and i think its value will go down even more.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Many people buy it now because of Elon. I don't know if it is true but I found a pic of Elon's tweet that they can but something with the use of DOGE. In my own opinion, there's no bad thing buying meme coin as long as they can afford to lose and they don't put too much trust on it, they need to remember what happen next time. They need to learn that buying at peak will cause them losses, in my own asset I only have small amount of Bitcoin, bnb, matic and Solana.
The problem is right there - those who are buying these memecoins have huge expectations deep down and when those get shattered or pulled for long they start becoming agitated and make a mess of their existing investments. Backed by the fact that such users rarely do a problem research on the asset they are investing in, they end up selling at a loss and never looking back at the crypto investment options like bitcoin.

Eventually we lose the young blood from ever buying bitcoin or using it. This in turn leads to reduction in the possible turnover of bitcoin users.

People follow millionaires blindly, which I dont like, but I would not try to interfere. But when it comes to making money, decisions should be backed by logic and critical understanding or economics which most people lack.

Going by that only bitcoin is the one which one can safely invest in.
legendary
Activity: 2534
Merit: 1338
Personally I would never bother with meme coins, but for those that want to do so then it is better to wait until the hype begins to take form, otherwise you may need to hold your coins for years while obtaining no profits at all while you could have used that money to invest in other assets and make money with them during that time, so with this in mind we must admit that right now is not really the best time to invest in altcoins, especially those that are not solid at all like meme coins.

Many people buy it now because of Elon. I don't know if it is true but I found a pic of Elon's tweet that they can but something with the use of DOGE. In my own opinion, there's no bad thing buying meme coin as long as they can afford to lose and they don't put too much trust on it, they need to remember what happen next time. They need to learn that buying at peak will cause them losses, in my own asset I only have small amount of Bitcoin, bnb, matic and Solana.
I do not really put too much attention to meme coins so I was not aware people were buying again because of Elon, now the strategy you put forward is reasonable and if most traders follow it then I would not have too much of a problem with meme coins, but many traders do not use their money in this responsible manner and instead invest all their savings in those coins hoping to become rich in a matter of days or weeks, and those are the people which suffer the most when those meme coins collapse and their price goes down.
hero member
Activity: 2170
Merit: 530
Personally I would never bother with meme coins, but for those that want to do so then it is better to wait until the hype begins to take form, otherwise you may need to hold your coins for years while obtaining no profits at all while you could have used that money to invest in other assets and make money with them during that time, so with this in mind we must admit that right now is not really the best time to invest in altcoins, especially those that are not solid at all like meme coins.

Many people buy it now because of Elon. I don't know if it is true but I found a pic of Elon's tweet that they can but something with the use of DOGE. In my own opinion, there's no bad thing buying meme coin as long as they can afford to lose and they don't put too much trust on it, they need to remember what happen next time. They need to learn that buying at peak will cause them losses, in my own asset I only have small amount of Bitcoin, bnb, matic and Solana.
legendary
Activity: 2534
Merit: 1338
I don't sure and see potential with your altcoin choose like Shiba Inuand Doge coin because both coins have gone hype and popular, beside with Neo, dot and Solana actually still potential and have moment for reaching all time high later. I believe with Solana coin and I think that as only altcoin worth for investing beside not really believing with several list on your altcoin. I think you need patience with other coin and waiting next time hype actually with Doge coin and Shiba Inu for reaching higher price and have potential getting much profit on next time.
Maybe he's overly assuming not to miss the moment to buy before the hype, but of course it's very risky to invest in meme coins without proper analysis, I would never invest assets on the wrong coin and I very thoroughly check the roadmap on each coin before invest.
Personally I would never bother with meme coins, but for those that want to do so then it is better to wait until the hype begins to take form, otherwise you may need to hold your coins for years while obtaining no profits at all while you could have used that money to invest in other assets and make money with them during that time, so with this in mind we must admit that right now is not really the best time to invest in altcoins, especially those that are not solid at all like meme coins.
sr. member
Activity: 1115
Merit: 253
DGbet.fun - Crypto Sportsbook
A few are in profit i believe cause after investment with altcoins, bear run start and the profit margin of altcoins are getting decreased. Recently i didn’t bought anything rather i sold some low potential altcoins and now they are 3x-4x down from their position. Yeah i bought luna which was universal investment when it was offering itself for cheap. But that was wrong decision with zero profits
hero member
Activity: 1484
Merit: 928
I think if you are trying to invest in any coin, I believe it's better you invest in bitcoin, that's the only investment I can assure you if you can hold then you will make your profit. If you still prefer altcoins then I will recommend few altcoins for you which includes; BNB, SOL and MATIC. I believe those coins are not really bad to invest in but if you are planning to invest in any coin now I think you should be prepared to hold for long term.
hero member
Activity: 1344
Merit: 540
And just like those who have been in crypto market and has seen the previous bear market, I would say that BTC only for me right now. I might be a maximalist, but I'm just afraid that the Luna incident might happen again in altcoins so I just withdraw all my investments on some altcoins that I have and put it all in BTC. But we will see, if I find some interesting altcoin project then why not? But for now, it's safe haven for me first and just want to make sure because of the current market situations.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
Investing in other coins can be very risky considering the current market. So in the current situation I will focus more on buying Bitcoin and Ethereum to keep my funds safe. Luna Incident has taught us how a top coin can crash overnight. There is no guarantee that this will not happen with other projects. Investing in a place where the risk can be minimized would be the right decision considering the current market. So as an investor you should focus on where the risk can be reduced rather than facing a bad situation.

I have seen from my own experience that when I became over-excited and invested somewhere, I made a loss there. Therefore, the decision of investment should be made by watching the market movement, the investor should refrain from making any kind of decision based on emotions.
MiF
sr. member
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
Guys, let us know your choices. Name the currencies you bought recently. Let me know that who is getting profit these days  Wink
Many of the top altcoins is now dropping  because Bitcoin is rejected at 30k$ resistance, it will be a bear market because bitcoin always affect the altcoins price, so there is a lot of altcoins to choose if we wanted to buy, i prefer to buy the bnb eth xrp xlm dot and many more top altcoin coin that can rise up high when the market conditions become better.
hero member
Activity: 2156
Merit: 605
Leading Crypto Sports Betting & Casino Platform
During the bear market I was very confused in choosing altcoins to invest in because all are very risky and difficult to make a profit in the near future, but for the long term I have some coins we can hold such as ethereum, bnb, solana and matic even though they are currently experiencing a decline but in the future they can definitely rise and will get profits as we expect.
During pretty dire market conditions where we saw price drops and altcoins were clearly experiencing sharp declines, I decided not to enter for the time being. Didn't find any guarantee of a short return. The bear market has started and sees Bitcoin below $30K. Indeed, there is still support when it has not reached the line below $25K. However, it is difficult to say whether it will return above $30K or not.
member
Activity: 759
Merit: 15
Even if the market is fluctuating, unstable, i did some small investments too
1.bnb
2.cake
3.tron
4.pnt
5.sol
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